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Emerita Resources (CVE:EMO) Stock Price Down 9.8% - What's Next?

Emerita Resources logo with Basic Materials background

Emerita Resources Corp. (CVE:EMO - Get Free Report) dropped 9.8% during mid-day trading on Friday . The company traded as low as C$1.17 and last traded at C$1.19. Approximately 713,690 shares changed hands during trading, an increase of 36% from the average daily volume of 526,068 shares. The stock had previously closed at C$1.32.

Emerita Resources Stock Down 0.4 %

The firm has a market cap of C$300.49 million, a P/E ratio of -22.31 and a beta of 4.95. The company has a debt-to-equity ratio of 109.05, a quick ratio of 44.86 and a current ratio of 5.42. The firm's fifty day moving average is C$1.38 and its 200 day moving average is C$1.10.

About Emerita Resources

(Get Free Report)

Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Spain. It primarily explores for gold, silver, zinc, and copper deposits. The company is headquartered in Toronto, Canada.

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